1973-HKRS28-16-21_Part04 — Page 45

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Amendment of section 14.

Amendment of section 17.

Amendment of section 18.

Amendment of section 19.

(4) The committee shall not under subsection (1) direct the Trustee to decrease the value of any scholar- ship or any award thereof, or to create any additional award thereof, without the consent of the donor of that scholarship if he is living.

(5) Notice of any variation of the value of a scholarship or of an award thereof or of the creation of an additional award of a scholarship shall be given by the Director by notice published in the Gazette.”,

10. Section 14 of the principal Ordinance is amended- (a) in subsection (2) by deleting paragraphs (a) and (b) and

substituting the following-

"(a) applied to form part of the general capital whereupon the scholarship payable out of such donation shall be entered in Part II of the Register; or

(b) retained in a separate account whereupon the scholarship payable out of such donation shall be entered in Part 1 of the Register."; and (b) by inserting after subsection (2) the following sub-

section-

"(3) Notice of any future donations accepted under this section shall be given by the Director by notice published in the Gazette.",

11. Section 17 of the principal Ordinance is amended in sub- section (1) by deleting paragraphs (a) and (b) substituting the following-

"(a) the income from any part of the general capital in payment of any of the scholarships referred to in Parts I and II of the Register; or

(b) the income from the separate capital of a scholar- ship referred to in Part II of the Register in pay- ment of such scholarship,"

12. Section 18 of the principal Ordinance is amended in paragraph (a) by deleting "the First Schedule or the Second Schedule" and substituting the following-

"Part I, II or III of the Register",

13. Section 19 of the principal Ordinance is amended in sub- section (4) by deleting "interest thereon" and substituting the following-

"income therefrom".

14. The First and Second Schedules to the principal Ordin- ance are deleted.

Passed by the Hong Kong Legislative Council this 14th day of November, 1973.

of Morrela

Clerk

to the Legislative Council,

This printed impression has been carefully compared

by me with the bill, and is found by me to be a true and correctly printed copy of the said bill.

unween

Clerk to the Legislative Council,

Deletion of First and Second Schedules.